25 Madison Ave, Cambridge, Massachusetts 02140

$2,550,000
7
BD
7
BA
4,311
SqFt
List Price
$2,550,000
MLS#
72418400
Bedrooms
7
Full Bathrooms
7
Sq. Ft
4,311
Lot Size
4,000
County
Middlesex
Year Built
1925
Status
ACTIVE

Property Description

25 Madison Ave is a three-storied, completely renovated condo quality three family situated ½ mile from Alewife Station and less than 1 mile from Davis Square. The Property, currently 100% leased, was recently gut-renovated with high-end finishes and features off-street parking, central air, in-unit laundry, separately metered utilities, open floor plans, storage in the basement, and both front and rear-facing decks. Currently set-up as a 3BR+/3BA duplex on the 1st floor and garden level, a 2BR+/2BA on the 2nd floor, and a 2BR+/2BA on the 3rd floor, the size and layouts of the units allow for the potential to increase rental income. The property’s location provides quick access to Downtown Boston, Route 2, Route 16 and convenient, walk-able access to public transportation. The asset offers investors the opportunity to acquire an apartment building in one of the strongest real estate markets in the country.

Additional Information

Days on Market
39
Taxes
$10,606
Tax Year
2019
Assessment
1736500
Construction
Other (See Remarks)
Amenities
Public Transportation, Shopping, Swimming Pool, Highway Access, Private School, T-Station
Flooring
Other (See Remarks)
Basement
Yes
Basement Features
Full, Finished
Hotwater
Other (See Remarks)
Lot Description
Other (See Remarks)
Parking Spaces
3
Acres
0.09
Price Per Sqft
$591

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Listing courtesy of Horvath & Tremblay.

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